Descartes Systems Group Inc (TSE:DSG) (NASDAQ:DSGX) had its price target raised by Raymond James Financial, Inc. to C$38.00 in a research report report published on Friday morning, StockTargetPrices.com reports. Raymond James Financial, Inc. currently has an outperform rating on the stock.

DSG has been the subject of a number of other reports. Scotiabank upped their price target on Descartes Systems Group to C$38.00 and gave the company an outperform rating in a research note on Thursday, June 1st. TD Securities upped their price target on Descartes Systems Group to C$39.00 and gave the company a buy rating in a research note on Thursday, June 1st. Royal Bank Of Canada upped their price target on Descartes Systems Group to C$40.00 and gave the company an outperform rating in a research note on Friday, September 1st. Barclays PLC upped their price target on Descartes Systems Group from C$36.00 to C$39.00 in a research note on Thursday, September 7th. Finally, BMO Capital Markets reaffirmed a market perform rating and issued a C$29.00 price target on shares of Descartes Systems Group in a research note on Thursday, September 7th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. Descartes Systems Group has a consensus rating of Buy and a consensus target price of C$35.81.

Descartes Systems Group (TSE:DSG) opened at 34.29 on Friday. The firm has a 50 day moving average of $33.53 and a 200 day moving average of $31.90. Descartes Systems Group has a one year low of $26.92 and a one year high of $35.56. The firm has a market capitalization of $2.60 billion and a PE ratio of 107.16.

ILLEGAL ACTIVITY NOTICE: This piece of content was first reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this piece of content on another publication, it was copied illegally and reposted in violation of U.S. and international trademark & copyright laws. The correct version of this piece of content can be accessed at https://www.thecerbatgem.com/2017/09/12/descartes-systems-group-inc-dsg-given-new-c38-00-price-target-at-raymond-james-financial-inc.html.

About Descartes Systems Group

Descartes Systems Group Inc (Descartes) is a Canada-based global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. Its network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading, status messages); regulatory compliance and customs filing; route and resource planning, execution and monitoring; access and leverage global trade and restricted party data; inventory and asset visibility; rate and transportation management, and warehouse operations.

Stock Target Prices

Analyst Recommendations for Descartes Systems Group (TSE:DSG)

Receive News & Stock Ratings for Descartes Systems Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Descartes Systems Group Inc and related stocks with our FREE daily email newsletter.